African News

Kusile power station’s Unit 3 in operation 8 months ahead of schedule – Eskom

Apr 20, 2019

The Kusile Power Station Project, situated near eMalahleni in Mpumalanga, reached a new milestone on Sunday 14 April 2019 when Unit 3 was synchronised to the grid and produced its first power in the early evening. The unit was loaded and kept stable at 60MW, making it the third of the six units at Kusile…

Read More

Egypt signs 32 PPAs for solar energy – Energy Minister

Apr 20, 2019

The Minister of Electricity and Energy d. Mohamed Shaker said that Egypt has taken important steps to benefit from the enormous potential of renewable energy in cooperation with the private sector, according to a number of mechanisms, including independent energy producer and competitive bidding as well as the tariff system for renewable energy. The minister…

Read More

Ugandan Govt drafts 3 new policies for oil monies

Apr 20, 2019

Government has concluded drafting three different pieces of legislation that will inform how money from the Petroleum Fund in Bank of Uganda will be spent, writes JUSTUS LYATUU. The policies, which are expected to follow the guidelines set out in the Public Finance Management Act (PFMA) of 2015, will spell out the finer details on…

Read More

South Sudan official confident over oil flows despite Sudan troubles

Apr 19, 2019

Land-locked African producer South Sudan does not expect political upheaval in Sudan to impact its oil exports, all of which are transported via pipeline through its northern neighbor to the Red Sea, a South Sudanese oil ministry official told S&P Global Platts on Wednesday. The country, which gained its independence in 2011, also does not…

Read More

South African fuel prices a sore thumb for businesses, consumers

Apr 19, 2019

Higher fuel prices have contributed largely to the increase in March inflation, and industry has warned of the effects it is having on business profitability. Stats SA on Wednesday released March inflation figures, which increased to 4.5% compared to 4.1% reported in February. Transport costs were among the major contributors to the higher inflation. Transport…

Read More

Acumen closes $70m impact fund for clean energy in Africa

Apr 19, 2019

Acumen, the nonprofit that invests philanthropic capital in companies and leaders tackling poverty, today announced the approximately $70 million close of for-profit fund, KawiSafi Ventures, through Acumen Capital Partners. After investing $22 million of patient, philanthropic capital across the off-grid ecosystem and impacting 81 million lives, Acumen saw an opportunity to drive energy access for…

Read More

Kingfisher development FID in Uganda dependent on export pipeline FID

Apr 19, 2019

 The Permanent Secretary in the Ministry of Energy, Mr Robert Kasande, yesterday said the announcement of Final Investment Decision (FID) for the Kingfisher and Tilenga oil fields is dependent on the FID of the proposed East African Crude Oil Export Pipeline. FID is an agreement on capital investments on a long term project, that is…

Read More

Construction begins on the US $167m Kandadji Hydroelectric Dam in Niger

Apr 19, 2019

China Gezhouaba Group Company (CGGC) has officially started construction work on the Kandadji hydroelectric dam on the Niger River. Located in southwestern Niger, it will provide 130 MW. The construction phase of the Kandadji hydroelectric project has just been launched in southwestern Niger. The official launching ceremony was presided over by the President of the…

Read More

Ethiopia begins pre-qualification for 500-MW solar tender

Apr 19, 2019

Ethiopia’s Public-Private Partnerships Directorate General (PPP-DG) this week issued a Request for Pre-Qualification (RfQ) for up to 500 MW of solar power generating capacity divided into four projects. This process is the second round of the Scaling Solar programme and concerns the Humera, Mekele, Welenchitti and Weranso projects. Interested parties need to submit their applications…

Read More

Standard Bank withdraws funding for new coal IPP projects in South Africa

Apr 18, 2019

In a setback for coal-fired power generation and a victory for the renewable energy lobby, Standard Bank will not provide funding for two new independent coal-fired power stations. This follows similar announcements by Nedbank and FirstRand and is in line with new protocols announced by the Organisation for Economic Co-Operation and Development. Further to information…

Read More

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...